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Sovereign Wealth Funds Briefing - Categorized | Market

UAE economy minister: Dubai World on right track to tackle its debt

Posted on 03 December 2009

From Zawya Dow Jones: Efforts by state-controlled Dubai World, which has liabilities of about $60 billion, to tackle its debts are on the right track, the United Arab Emirates’ economy minister said late Wednesday.

The debts of the conglomerate will not affect the performance of the firm or the emirate’s economy, Sultan Al Mansouri told state-run WAM news agency……………………………Full Article: Source

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